Grafton Group in €91.5m Dutch purchase

Irish-headquartered builders’ merchants and DIY firm Grafton Group have bought a market leading Dutch company in its biggest ever deal in Continental Europe.

Grafton Group in €91.5m Dutch purchase
Wed, 28 Oct, 2015 - 00:00
Peter O’Dwyer

Grafton has acquired Isero, a specialist distributor of tools and fixings in the Netherlands, for €91.5m.

The Dutch company has 38 branches trading under a number of different brands and generated revenue of €94m for the year to the end of June.

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CourtsgraftonIserotoolsNetherlandsDIYPlace: Continental EuropePlace: NetherlandsPlace: EuropePlace: BelgiumPlace: UKPlace: IrelandPlace: western EuropeanPerson: Gavin SlarkPerson: SlarkPerson: Flor O’DonoghuePerson: Michael MitchellPerson: ChairmanPerson: Michael ChadwickOrganisation: Grafton GroupOrganisation: GraftonOrganisation: IseroOrganisation: H2 Equity PartnersOrganisation: Davy StockbrokersOrganisation: EuroconstructOrganisation: pan-European research association
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